News

US’s Energy Department Announces Three Innovative Offshore Wind Energy Projects

published: 2014-05-08 11:37

U.S.’s Energy Department has selected three pioneering offshore wind demonstrations to receive four-year subsidies to develop innovative, grid-connected systems in federal and state waters by 2017. Each of them can receive up to U... more

First Solar Shows a Strong Financial Performance and to Increase Guidances

published: 2014-05-07 18:05

After recognizing Campo Verde, First Solar shows a strong net sale performance by increasing 26% (US$ 182 million) from 1Q13, achieving a revenue of US $950 million. Also, its GAAP net income per fully diluted share increased from... more

Siemens Signs 10-Years, 930MW of Wind Service Contracts in North America

published: 2014-05-07 17:08

Siemens Energy has been awarded several 10-year wind service agreements encompassing over 400 onshore wind turbines in the U.S., Canada and Puerto Rico. The customer is Pattern Energy Group Inc., based in San Francisco, California... more

SkyPower FAS Energy to Build 3,000 MW of Solar Power in Nigeria

published: 2014-05-07 16:01

SkyPower FAS Energy signed agreements with both the Federal Republic of Nigeria Government and the Delta State of Nigeria Government for the development of 3,000 MW of utility-scale solar PV projects within Nigeria and the Delta S... more

Renewable Energy Group Sees a Slight Revenue Decrease in its 1Q14 Financial Results

published: 2014-05-07 15:43

Renewable Energy Group, Inc. has announced its financial results for the first quarter ending March 31, 2014. Compared to the first quarter of the prior year, REG sold 22% more gallons of biodiesel in the first quarter of 2014, wh... more

NRG Energy’s Acquisitions Cause Financial Results to its 1Q14 Guidance and Yield

published: 2014-05-07 15:23

NRG Energy, Inc. reported its record first quarter 2014 Adjusted EBITDA of $816 million with Wholesale contributing $639 million, Retail contributing $108 million and NRG Yield contributing $69 million. First quarter adjusted cash... more

Phono Solar Australia Opens in Sydney

published: 2014-05-07 14:31

Energy Solutions provider Phono Solar’s Australian office located in Sydney Australia officially opened. The office will be responsible for Australia, New Zealand, Fiji and other South Pacific Islands. The office will provide loca... more

ReneSola to Provide Solar Products for Rooftop PV Projects in Jordan

published: 2014-05-07 14:19

ReneSola Ltd. has contracted to provide 1.6MW in solar modules and 1MW in mounting systems to Consolidated Energy & Economic Engineering Co. (Consolidated Energy) to power a series of residential and commercial rooftop project... more

SunEdison Interconnects 117 MW of Utility-Scale Solar Projects In United Kingdom

published: 2014-05-07 11:53

SunEdison has completed construction of a 117 MW (DC) portfolio of utility-scale PV solar power plants across the United Kingdom. The portfolio is comprised of eight separate solar power plants. "We just entered the U.K. solar ma... more

GE Announces Cumulative 3.9 GW of US Orders, Expansion of Brilliant Wind Platform

published: 2014-05-07 11:38

GE’s renewable energy business announced a cumulative 3.9 GW of firm and unconditional wind turbine supply orders in the United States since January 1, 2013, the date of the Production Tax Credit extension. Of these orders, 1.1 GW... more

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